Wall Street compounds housing crisis for home buyers
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Rep. Adam Smith joins MSNBC’s Ali Velshi to discuss his new bill to ban Wall Street from purchasing single family homes away from average families in a housing market that’s unaffordable for so many. He says Wall Street is going after the “last bastion of wealth creation … It’s bad for equality and bad for our economy and they ought to be barred from doing it.”Dec. 22, 2023
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